Lifeward

Marlborough, United States Founded: 2001 • Age: 25 yrs
Developer of exoskeletons for individuals with spinal cord injuries and stroke rehabilitation
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About Lifeward

Lifeward is a company based in Marlborough (United States) founded in 2001.. Lifeward has raised $27.88 million across 12 funding rounds from investors including Kreos Capital and Proseed Venture Capital Fund. The company has 80 employees as of December 31, 2024. Lifeward has completed 1 acquisition, including AlterG. Lifeward offers products and services including ReWalk Personal Exoskeleton, AlterG Anti-Gravity Systems, ReStore Exo-Suit, and MYOLYN FES Cycling. Lifeward operates in a competitive market with competitors including Ekso Bionics, Wandercraft, H·ROBOTICS, Myomo and ROAM Robotics, among others.

  • Headquarter Marlborough, United States
  • Employees 80 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lifeward Ltd.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $25.66 M
    85.24
    as on Dec 31, 2024
  • Net Profit
    $-28.94 M
    -30.76
    as on Dec 31, 2024
  • EBITDA
    $-15.71 M
    15.5
    as on Dec 31, 2024
  • Total Equity Funding
    $27.88 M (USD)

    in 12 rounds

  • Latest Funding Round
    $5 M (USD), Post-IPO

    Jan 07, 2025

  • Investors
  • Employee Count
    80

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Lifeward

Lifeward is a publicly listed company on the NASDAQ with ticker symbol LFWD in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: LFWD . Sector: Health technology · USA

Products & Services of Lifeward

Lifeward offers a comprehensive portfolio of products and services, including ReWalk Personal Exoskeleton, AlterG Anti-Gravity Systems, ReStore Exo-Suit, and MYOLYN FES Cycling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Device enabling walking for spinal cord injury patients.

Systems for reduced-gravity training in injury recovery.

Suit assisting movement for stroke and brain injury rehabilitation.

Cycling system for neurological condition therapy and exercise.

People of Lifeward
Headcount 50-200
Employee Profiles 35
Employee Profiles
People
Michael Swaim
Regional Account Manager
People
Joe Cranch
Field Service Manager - International
People
Larry Jasinski
Chief Executive Officer
People
David Hexner
Vice President Of Research And Development

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Funding Insights of Lifeward

Lifeward has successfully raised a total of $27.88M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 12
  • Last Round Post-IPO — $5.0M
  • First Round

    (27 Jul 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Post-IPO - Lifeward Valuation

investors

Feb, 2021 Amount Post-IPO - Lifeward Valuation

investors

Dec, 2020 Amount Post-IPO - Lifeward Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lifeward

Lifeward has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kreos Capital and Proseed Venture Capital Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture debt is provided to growth-stage companies across multiple sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lifeward

Lifeward has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AlterG. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Hardware and software solutions for rehabilitation are provided by AlterG.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lifeward

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lifeward Comparisons

Employees
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Competitors of Lifeward

Lifeward operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ekso Bionics, Wandercraft, H·ROBOTICS, Myomo and ROAM Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Exoskeletons for medical rehabilitation and industrial productivity are provided.
domain founded_year HQ Location
Exoskeleton devices are provided for rehabilitation patients' mobility.
domain founded_year HQ Location
Robotic rehabilitation systems are developed for remote patient treatment.
domain founded_year HQ Location
Robotic arms are provided for mobility and rehabilitation support.
domain founded_year HQ Location
Wearable robotic exoskeletons are developed for industrial and military applications.
domain founded_year HQ Location
Cloud-based AI bot for knowledge management and onboarding is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lifeward

Frequently Asked Questions about Lifeward

When was Lifeward founded?

Lifeward was founded in 2001 and raised its 1st funding round 10 years after it was founded.

Where is Lifeward located?

Lifeward is headquartered in Marlborough, United States. It is registered at Marlborough, Massachusetts, United States.

Who is the current CEO of Lifeward?

Larry Jasinski is the current CEO of Lifeward.

Is Lifeward a funded company?

Lifeward is a funded company, having raised a total of $27.88M across 12 funding rounds to date. The company's 1st funding round was a Post-IPO of $8M, raised on Jul 27, 2011.

How many employees does Lifeward have?

As of Dec 31, 2024, the latest employee count at Lifeward is 80.

What is the annual revenue of Lifeward?

Annual revenue of Lifeward is $25.66M as on Dec 31, 2024.

What does Lifeward do?

Developer of exoskeletons for individuals with spinal cord injuries and stroke rehabilitation. The company offerings include the rewalk personal exoskeleton, restore exo-suit, and myocycle FES systems for rehabilitation, recovery, and more to address physical disability.

Who are the top competitors of Lifeward?

Lifeward's top competitors include Myomo, Ekso Bionics and Wandercraft.

What products or services does Lifeward offer?

Lifeward offers ReWalk Personal Exoskeleton, AlterG Anti-Gravity Systems, ReStore Exo-Suit, and MYOLYN FES Cycling.

Is Lifeward publicly traded?

Yes, Lifeward is publicly traded on NASDAQ under the ticker symbol LFWD.

How many acquisitions has Lifeward made?

Lifeward has made 1 acquisition, including AlterG.

Who are Lifeward's investors?

Lifeward has 2 investors. Key investors include Kreos Capital, and Proseed Venture Capital Fund.

What is Lifeward's ticker symbol?

The ticker symbol of Lifeward is LFWD on NASDAQ.

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